Kocaer Çelik, which has taken root in both domestic and international markets with more than 60 years of experience, achieved a net profit of TRY 272.2 million for the period January 1 - March 31, 2025. Thus, the company's net profit increased by 106% compared to the same period of the previous year.
Sales revenues were realized as TRY 4.5 billion, decreasing by 15% compared to the same period of the previous year. Gross profit decreased by 1% to TRY 964.1 million, while earnings before interest, tax, depreciation, amortization and depreciation (EBITDA) decreased by 4% to TRY 653.2 million.
Operating profit increased by 84% y/y to TRY 789.8 million.
The company's net debt increased by 30% compared to the last quarter of 2024, from TRY 1.7 billion to TRY 2.3 billion, while shareholders' equity remained at TRY 10.3 billion.
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